Examlex
List and describe four reasons why assessment is important for HRIS
-Why is Assessment Important for HRIS?
Personal Property
Assets not permanently fixed to one location, such as furniture, vehicles, and electronics, as opposed to real estate.
Estate in Land
The degree, quantity, nature, and extent of interest a person has in real property, which can range from full ownership to temporary rights.
Lease Agreement
A contract outlining the terms under which one party agrees to rent property owned by another party.
Lessor
The party in a lease agreement that owns the leased property and grants its use to another party, known as the lessee, for a specified period.
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